Federal Energy Regulatory Commission (Ferc)
Macquarie acquires Barclays US power trading book
Deal brings Australian bank deeper into North American energy markets
JP Morgan exits power markets with Mercuria deal
Power generators mourn loss of another bank liquidity provider
CFTC and Ferc see a changing of the guard
Other commodities moves at Citi, BNP Paribas & GDF Suez
Power companies slam New England reliability plan
NE-ISO plan is "unreasonable" and "discriminatory", firms say
Energy firms use high-tech tools to avert manipulation fines
Companies invest in trade surveillance as regulators tighten scrutiny
CFTC accord bolsters Ferc drive to catch manipulation
Information sharing MOU has been "extremely helpful" for energy regulator
FTR underfunding leaves PJM power traders out of pocket
Shortfall in biggest power market exceeds $1 billion since 2010
Power trading firm blasts Ferc over manipulation probe
Ferc investigation triggers unusual public defence by obscure power trading firm
Enforcement director nominated for Ferc chair
Centrica hires Hess market risk director; Vattenfall names trading head; Gazprom recruits BAML power trader; Baltic Exchange names Singapore head; Mitsubishi UFJ in commodity retreat
CFTC-Ferc deal leaves enforcement question unanswered
Agreements reached under US Dodd-Frank Act fail to address critical issue of enforcement
US power firms slam ISO New England over market ‘flaws’
Winter reliability at risk due to problems with real-time pricing, market participants warn
EU energy firms face uphill struggle to comply with market abuse rules
The European Union is implementing new legislation and adopting an increasingly aggressive stance on energy market abuse. But the continent’s energy trading firms face an uphill struggle to comply with the rules. Stella Farrington reports
Power market design leads traders to take advantage
The design of modern power pools is highly complex, creating plenty of opportunities for clever traders to profit by circumventing the rules, writes Vincent Kaminski
Ferc targets power market gaming with JP Morgan fine
Record $410 million settlement demonstrates zero-tolerance approach towards exploitation of market design flaws
Ferc chairman to step down
Glencore Xstrata poaches Morgan Stanley LNG team; CME Group adds former bank commodity head; Tullett Prebon hires Icap weather broker; LME chief executive resigns; SEB replaces commodity chief
Changing hats – July 2013
Changing hats – July 2013
Uneconomic trading, market manipulation and baseball
Regulators, including the US Federal Energy Regulatory Commission, are aggressively targeting uneconomic trading in a crackdown on potential market manipulation. Such moves have striking parallels in the history of baseball - some of which might prove…
Ferc chief Wellinghoff to step down
Chairman who presided over more aggressive stance on power market manipulation to step down, agency says
Energy Risk USA: Official sheds light on Ferc manipulation sleuths
Ferc is now monitoring markets in near real time for evidence of manipulation, warns enforcement official
Ferc ruling raises hope of greater regulatory certainty
Ferc and turf
Ferc won’t appeal Hunter ruling, says Wellinghoff
Ferc chairman says agency won’t appeal ruling against it, but will seek to persuade Congress to change the law
Hunter ruling may slow Ferc’s anti-manipulation push
A court decides the US Federal Energy Regulatory Commission overstepped its authority in trying to prosecute manipulation in natural gas futures - a ruling with implications for other cases
'Uneconomic trading' at issue in Barclays power dispute
Barclays seeks to defend itself against power market manipulation allegations by contesting regulator’s pursuit of uneconomic trading